Canada-based Calian Group last week said it has acquired Comprehensive Training Solutions International (CTS), a Norway-based company that provides training services for defense and civil customers.
A spokesman for Calian told Defense Daily on Monday that the deal price was about $1.5 million.
CTS develops and provides complex training exercises for NATO’s Joint Warfare Centre and other NATO agencies, and corporate and civil clients.
For Calian, the deal expands its presence in Europe. Last year the company acquired Germany-based SatService, an integrator and supplier in the European satellite ground systems market.
Calian said the CTS acquisition complements its expertise in training software solutions and supports its customer diversification.
Calian operates in four segments–Advanced Technologies, Health, Learning, and Information Technology. CTS, which had about $3 million in sales the past year, will report within the Learning segment.